2011 American Silver Eagle / ASE 25A Set Bullion Coin - Why So Much?

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,673
Teach Pillar of the Community United States 1254 Posts	Posted 12/12/2011 08:23 am I was watching the bullion coin from the ASE First Strike (flag) 25A set yesterday sell from $265 to $310 for a MS 70 on ebay. Why is this bullion coin going for so much right now? Some people say this is just a bullion coin and will never really be worth more than bullion and then there are others who think these coins are different from the rest of the bullion coins due to the dimple under the tail feathers. Also some say these bullion coins look burnished. This coin is currently selling for more than the burnished W coin from the same set which is said to have more numismatic value. Any thoughts? Report this Post to the Staff

barryg Pillar of the Community United States 5853 Posts	Posted 12/12/2011 09:20 am Personally, I think it's all due to the label affixed to it. If it weren't for the label, it would likely be worth the same as any other 2011 bullion ASE. Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
Teach Pillar of the Community United States 1254 Posts	Posted 12/12/2011 10:08 am Do you think the coin becomes more rare because there are less First Strike Flag coins than there are of the other First Strike coins with the black labels submitted by the bulk sellers? There also seems to be a lot more NCG graded coins on the market as well? There are very few of the First Strike Flag bullion coins for sale so maybe the label makes these coins more rare? Is it because PCGS is a tougher grade than NCG? I am just trying to learn something here. Thanks for your input! Report this Post to the Staff
barryg Pillar of the Community United States 5853 Posts	Posted 12/12/2011 10:13 am Again, this is just my opinion, but I think it's a combination of the fact that the First Strike Flag label is relatively rare and the fact that a number of people seem to think it actually means something. I can stick a special "barryg" label on a coin and can truthfully say it's one-of-a-kind, but nobody is likely to care about it. The various grading companies have spent a lot of time and effort marketing their "first strike," "early release," "25th anniversary set," etc., labels and, as a result, a lot of people think that coins bearing these labels must somehow be different (and therefore "special" and "more valuable") than those without. Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
Andrew289 Valued Member United States 470 Posts	Posted 12/12/2011 12:52 pm It's just market madness right now. There is a feeding frenzy going on and it will take a few months for the dust to settle. The 25 aniv. bullion coin is different from the "normal" bullion coin as it was minted in San Fran. The san fran bullion and West Point bullion do have slightly different finished. The san fran bullion is more burnished in appreance. Some collectors are waiting for the SF bullion in the 25th anniv set to be declared a variety ..which would cause the preceived value to rise. Many speculators are buying up the 25th anniv. bullion coin in anticipation of this. Edited by Andrew289 12/12/2011 12:53 pm Report this Post to the Staff
Teach Pillar of the Community United States 1254 Posts	Posted 12/12/2011 1:47 pm I've been wondering if the cost was associated with this coin possibly being a third key in the set, but I haven't really heard if this notion was gaining any traction. Who decides or makes the clarification that a coin is indeed deemed a different variety? If the coin is designated a variety in the future will the TPGs make note of the variety on their labels. Still just trying to learn here........Thanks! Report this Post to the Staff
VetStudent Valued Member United States 306 Posts	Posted 12/12/2011 3:29 pm Its a gamble for if the the coin may be recognized in the future as a variety. Which clearly, it appears to be. Report this Post to the Staff
	Replies: 6 / Views: 1,673

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.

2011 ASE 25A Set Bullion Coin - Why So Much?